Oona Insurance has appointed Mr Praveen Paladugu as group head of agency distribution. In his new role, he will oversee agency distribution channels across Indonesia and the Philippines, with a mandate to elevate agent performance, align distribution efforts with corporate objectives and ensure agents are well-equipped to thrive in a rapidly evolving insurance industry.
Labor says Australians could save thousands of dollars when seeking guidance on their retirement, life insurance and superannuation as it promises to slash red tape and bring in a new class of financial advisers who will provide simpler advice.
Life insurance company BOC Life has launched a "retirecation" programme for Hong Kong residents by linking up with Bank of China (Hong Kong) and leveraging the advantages of "banking + insurance" to provide them with a solid financial foundation for their retirement.
Sun Life Hong Kong has partnered with the Hong Kong Mortgage Corporation (HKMC) to refer clients to the Policy Mortgage Programme and Reverse Mortgage Programme, which offer retirees flexible retirement planning solutions.
AIA Hong Kong & Macau upgraded its "OptimaCEO Medical Plan", which integrates Signature Healthcare Circle, concierge services, and personalised health programmes to support health management and overall well-being.
Jobs and Skills Australia (JSA) has retained its classification of financial investment advisers as being in shortage in 2024 in its latest Occupations Shortage List (OSL).
Manulife Hong Kong and Macau has appointed Mr Albert Mak as chief agency officer. He also serves as a member of the company's senior management team.
Pru Life UK led the insurance industry in terms of new business annualised premium equivalent (NBAPE) in the third quarter.
About two-thirds (66%) of insurance agents in China in 2024 believe that AI will have a large or significant impact on insurance sales, an increase of nearly two percentage points from last year, according to a white paper on the intermediary market.
Prudential has launched its global Artificial Intelligence (AI) Lab in Singapore, strengthening its commitment to integrating advanced AI technologies across its operations. Officiated by Mrs Josephine Teo, Minister for Digital Development and Information, and Prudential CEO Anil Wadhwani, the launch underscores Singapore's standing as a hub for AI innovation.